Voters in the rest of the UK would not have to be offered a referendum on sharing the pound with an independent Scotland, Alex Salmond has said.

The First Minister wants the rest of the UK to enter a currency union with a separate Scotland. However, Mark Carney, the Governor of the Bank of England, said that such arrangements involved countries ceding some sovereignty and taking on economic risks.

In the wake of Mr Carney’s speech, George Osborne, the Chancellor, ruled out a so-called sterling zone, as did Ed Balls and Danny Alexander.